12 Village Terrace Drive
Rockingham, NC 28379
12408 sqft | 32 beds | 16 baths | #4187048
Description
This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal.
An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income.
Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
Interior Details
- CoolingCentral Air, Heat Pump
- Cooling FeaturesCentral Air, Heat Pump
Beds & Baths
- Bedrooms32
- Bathrooms16
- Full Baths16
Property Details
- Square Feet12408
Parking
- Parking FeaturesDriveway
- Parking TypeDriveway
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1980
Material information
- FoundationCrawl Space
Utilities / Energy Details
- AppliancesElectric Oven, Refrigerator
- Sewer InformationPublic Sewer
- Utility SourceCity
Community and Neighborhood Details
- Elementary SchoolUnspecified
- Middle SchoolUnspecified
- High SchoolUnspecified
- CountyRichmond
Financial Details
- Original List Price$1,799,900
- Days on Market (Cumulative)54
Restrictions
- PetsYes, Conditional
Other
- MLS #4187048
Location
Legal
Based on information submitted to the MLS GRID as of 2024-10-01 16:16:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Kelley Lowder (#CAR41805)
Listing Office: Blue Sand Realty & Design LLC (#CAR10213)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
